$30,000
0.75 Acres
Land
Nicole Schreibstein Abbott, Listing Office: Northrop Realty
Is Deal Island, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Deal Island was a Buyer's Market.
Key Takeaway
Deal Island is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Deal Island, MD
How much do homes in Deal Island, MD cost?
Median Sold Price
$203,750
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,800(+1.4%)
Key Takeaway
Homes in Deal Island have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Deal Island was $203,750 in November 2024, up 1.4% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $133K | $160K | +20.3% |
| 2 Bedrooms | $200.9K | $145K | -27.8% |
| 3 Bedrooms | $197.7K | $254K | +28.5% |
| 4 Bedrooms | $250K | $212.5K | -15.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Deal Island housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.3%, 2 bedroom homes decreased by 27.8%, 3 bedroom homes increased by 28.5%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes did not change.
Housing Supply in Deal Island, MD
How many homes are available in Deal Island, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Summary: The Deal Island real estate market had 14 homes for sale in November 2024, a 17.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 13 | 10 | -23.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Deal Island housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Deal Island, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Deal Island in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Deal Island, MD
How long does it take to sell a home in Deal Island, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 173 Days | +919.6% |
Summary: Homes in Deal Island had an average of 173 days on market in Nov 2024, up by 919.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Deal Island has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Deal Island; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
